What describes 'intentional dual representation'?

Intentional dual representation refers to a situation where an agent represents both the buyer and the seller in a real estate transaction. It is crucial for an agent to disclose this dual representation to all involved parties to ensure transparency and maintain trust. By informing both the buyer and the seller about the dual representation, the agent allows them to make informed decisions and provides both parties with the opportunity to consent to this arrangement. This transparency is essential in managing potential conflicts of interest that might arise from representing two parties with opposing goals.

The other options do not accurately reflect the concept of intentional dual representation. Representing only the buyer would imply a single agency relationship, which is not dual representation. Keeping relationships confidential does not pertain to the requirement of disclosure necessary in dual representation, as parties involved must be aware of the nature of the agent's role with both of them. Lastly, the absence of a written agreement does not define dual representation; rather, it relates to the formalization of the agent’s obligations, which is distinct from the concept of dual agency itself.